Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
4 stories in Crypto · Updated live
Senator Tillis Moves CLARITY Act Forward After Stablecoin Yield Compromise
On April 29, 2026, U.S. Senator Thom Tillis announced the Senate Banking Committee's readiness to schedule markup for the Digital Asset Market Clarity Act following negotiations on stablecoin yield provisions. This development comes after a draft compromise was reached, addressing banking concerns over potential deposit outflows linked to stablecoin yields. The long-term implication is a potential regulatory framework that balances innovation in the crypto sector with traditional banking interests, paving the way for clearer guidelines in the digital asset market.
Western Union to launch Solana-based stablecoin USDPT
Western Union has announced the imminent launch of its Solana-based stablecoin, USDPT. This initiative is driven by the company's goal to facilitate crypto transactions through its extensive global payment network. The long-term implication could be a significant shift in the remittance industry, challenging traditional banking systems and enhancing financial inclusion worldwide.
Israel approves first shekel-backed stablecoin BILS after pilot program
Israel's regulators have approved the BILS stablecoin, marking the country's entry into the regulated cryptocurrency market. This approval comes after a two-year pilot program conducted on the Solana blockchain, demonstrating the stablecoin's functionality and compliance. The introduction of BILS is expected to encourage other nations to explore their own digital currencies and diversify the global stablecoin market.
Meta launches USDC stablecoin payments for creators in Colombia and the Philippines
Meta has initiated USDC payouts for select creators on the Solana and Polygon blockchains. This rollout comes four years after the abandonment of the Libra project, signaling a renewed focus on cryptocurrency integration. The long-term implication may lead to increased cryptocurrency adoption among creators and influence regulatory frameworks in the digital economy.
Latest Stories
Western Union to launch Solana-based stablecoin USDPT
Western Union has announced the imminent launch of its Solana-based stablecoin, USDPT. This initiative is driven by the company's goal to facilitate crypto transactions through its extensive global payment network. The long-term implication could be a significant shift in the remittance industry, challenging traditional banking systems and enhancing financial inclusion worldwide.
Meta launches USDC stablecoin payments for creators in Colombia and the Philippines
Meta has initiated USDC payouts for select creators on the Solana and Polygon blockchains. This rollout comes four years after the abandonment of the Libra project, signaling a renewed focus on cryptocurrency integration. The long-term implication may lead to increased cryptocurrency adoption among creators and influence regulatory frameworks in the digital economy.
Senator Tillis Moves CLARITY Act Forward After Stablecoin Yield Compromise
On April 29, 2026, U.S. Senator Thom Tillis announced the Senate Banking Committee's readiness to schedule markup for the Digital Asset Market Clarity Act following negotiations on stablecoin yield provisions. This development comes after a draft compromise was reached, addressing banking concerns over potential deposit outflows linked to stablecoin yields. The long-term implication is a potential regulatory framework that balances innovation in the crypto sector with traditional banking interests, paving the way for clearer guidelines in the digital asset market.
Israel approves first shekel-backed stablecoin BILS after pilot program
Israel's regulators have approved the BILS stablecoin, marking the country's entry into the regulated cryptocurrency market. This approval comes after a two-year pilot program conducted on the Solana blockchain, demonstrating the stablecoin's functionality and compliance. The introduction of BILS is expected to encourage other nations to explore their own digital currencies and diversify the global stablecoin market.